[ivy10] Has anyone been saying good stuff today about our rv? [sananddan24] Ivy10 YES! Have you read "Poof's" post? SAG says it is pretty much solid! :whoohoo: [SpecialAgentGibbs] It actually infers that the whales are gathering for feeding... [sananddan24] SAG infers? [Steelerfan] SpecialAgentGibbs Lets hope they get fed this time!! [pursuitoftruth] SpecialAgentGibbs Do you think it is possible they are wrapping all currency resets in this one deal? [SpecialAgentGibbs] pursuitoftruth IMHO, when the keystone is placed, all else will fall into position [sandytob] SpecialAgentGibbs what is the Keystone? I just got here. [SpecialAgentGibbs] sandytob ummmm, the dinar [SpecialAgentGibbs] If, as we have been told, all countries currencies are to be valued according to their perspective assets, then why are they all waiting for the dinar??? [pursuitoftruth] SpecialAgentGibbs Interesting question but I have always understood it is the key. Probably because all the countries have dinar!??? [SpecialAgentGibbs] pursuitoftruth OK then, why? What difference will them holding dinar actually make? What will those countries exchange it for? [sandytob] SpecialAgentGibbs Oil credits. [SpecialAgentGibbs] sandytob 197 countries??? [SpecialAgentGibbs] Then one must ask, just how much oil can Iraq provide? [SpecialAgentGibbs] The oil credits surely are not limitless [SpecialAgentGibbs] Else China would not be veying for the IQD here [sandytob] SpecialAgentGibbs So........what is the answer? [SpecialAgentGibbs] That infers that the oil credits are indeed limited, and therefore must have been regulated [SpecialAgentGibbs] With that given, it really makes no sense that all the other countries really need to wait on Iraq to RV/RI [SpecialAgentGibbs] Yet, they are [HIGHERGROUND] SpecialAgentGibbs we also know it is not just the iqd...but it is the NEW System, Basel III compliance, country to country platforms, the NEW TRNs... this is truly a complete Reset... the iqd is simply the "keystone" as you put it and the patsy for the timing of everything.... [SpecialAgentGibbs] HIGHERGROUND All simply to buy time [justincase] SpecialAgentGibbs - buy time for what? [SpecialAgentGibbs] The others KNEW the USA would falter on this [SpecialAgentGibbs] Look back to how long ago there were suddenly several new world reserve currencies announced [SpecialAgentGibbs] They planned on building a wall around the USA [HIGHERGROUND] SpecialAgentGibbs and all the countries running to BRICS behind the scenes.... [HIGHERGROUND] SpecialAgentGibbs with the ZAP report tonight...and the whales being called into to the various exchange locations, we will know more by the morning on the validity of his claims.. [SpecialAgentGibbs] HIGHERGROUND We've heard that before, not from Zap but, heard it before [SpecialAgentGibbs] I have to be in the camp that such an announcement surely would be a massive security risk [HIGHERGROUND] SpecialAgentGibbs Agreed....but the collusion of information, and what we see manifesting in Iraq for the sake of GOI completion, sure seems better then previous times... [HIGHERGROUND] SpecialAgentGibbs ...I know...interesting but ZAP sure seemed to think that this being the last week and all transactions would begin to take place and there is nothing the bad guys can do to hide now.. [SpecialAgentGibbs] Right hand....Left hand [HIGHERGROUND] but...the good thing...is we are seeing lots of info come together....TRN'S active country to country....live rates on back bank screens, BRICS banking going live... GOI almost completed...etc, etc... [SpecialAgentGibbs] Take this message VERY seriously. POINT OF NO RETURNhttp://www.youtube.com/watch?v=Kajb8bzIdpU

[SpecialAgentGibbs] Again folks please do not try to apply timelines

[SpecialAgentGibbs] It simply does not work that way

[SpecialAgentGibbs] Many little things can pop up at the last minute...no biggie, they get dealt with as they come

The Realist

7/30/2014 04:24:43 pm

Sorry long day and could not send this sooner.

In Texas, a lawsuit has been filed by Iraq to gain control of a cargo of crude oil from Iraqi Kurdistan that Baghdad says was sold without its permission.

The United Kalavrvta tanker, carrying some 1 million barrels of crude worth about $100 million, arrived off the coast of Texas on Saturday but has yet to unload its disputed cargo. The ship, which is too large to enter the port of Galveston near Houston, was given clearance by the U.S. Coast Guard on Sunday to transfer its cargo offshore to smaller boats that would deliver it to the U.S. mainland.

Iraq, in its filing in U.S. District Court for the Southern District of Texas, asked for an order allowing the cargo to be seized by the U.S. Marshals Service.

Sale of Kurdish crude oil to a U.S. refinery would infuriate Baghdad, which sees such deals as smuggling. The U.S. State Department has expressed fears that independent oil sales from Kurdistan could contribute to the breakup of Iraq, said the oil belongs to all Iraqis, and warned potential buyers of legal risks.

But it has also made clear it will not intervene in a commercial transaction. AET Offshore Services, a company in Texas hired to unload the tanker, asked in a separate court filing in U.S. district court on Monday if Iraq’s claims were valid. The court filings did not name the end-buyer of the cargo. AET Offshore is an intermediary.

Piecemeal oil exports have gone from Iraqi Kurdistan to Turkey and Iran by truck in the past, which Baghdad also opposed. But the opening of a new pipeline to Turkey earlier this year, which could supply the Kurds with far greater revenues, has met much fiercer opposition from Baghdad.

One cargo of Kurdish crude was delivered in Houston in May to an unidentified buyer, and four other cargoes of Kurdish crude have been delivered so this year in Israel. The case is Ministry of oil of the Republic of Iraq v. Ministry of Natural Resources of Kurdistan Regional Governorate of Iraq et al, U.S. District Court, Southern District of Texas, No. 3:14-cv-00249.

Dear [SpecialAgentGibbs] pursuitoftruth
OK then, why? What difference will them holding dinar actually make? What will those countries exchange it for? The answer to this question is the other countries are using the revalued Dinar they hold as assets to their respective treasuries. Thereby having the ability to add value to their countries currency. For their currency is to be revalued based upon all of the assets the country holds both above and below ground. In the meantime;
Take care, stay well and God bless.

SCBanker

7/30/2014 06:03:22 pm

Interesting tidbits of news today. Just logging into Recaps for first time on Wed and it is technically already wee hours of Thursday, so I hope this is not old news to everyone.
-- BBC reported that Argentina is defaulting on their debt owed to US hedge funds - amt. is in the trillions. Maybe this will be used as the excuse for derivatives and hedge funds to die their long over due death, for they have led to so much financial destruction.
-- Release of new International accounting rules that require banks in foreign countries to establish higher loan loss reserves. Fed says US banks are already required to set aside higher reserves - so no impact on US banks.
-- Lloyds of London fined for their role in rigging the international loan rate know as LIBOR. Barclays was fined months ago for the same thing.